It certainly makes for interesting viewing - about half way through it now. General message seems to be that commercial broadcasters are screwed!
Certainly in the UK a couple of our broadcasters are in the doo-doo because advertising revenue is dropping so sharply.
I think realistically piracy will always have a place in the world - I know of a few films that only existed as bootlegs for decades, and in a way it gives true freedom of information: if the copyright holder is unable or unwilling to release certain things, the pirates have no such obstacles.